Category Archives: Military Retirement

Did DFAS And The TSP Let You Contribute Too Much?

Posted on July 1, 2021 by Doug Nordman

Check your 2021 TSP contributions now! I’ve heard from three different servicemembers that the Defense Finance and Accounting Service and the Thrift Savings Plan have failed to stop their TSP contributions after reaching the elective deferral limit ($19,500 in 2021). … Continue reading →

Posted in Investing & TSP, Military Retirement | 9 Comments

“I Would Have Started My Reserve Pension By Now!”

Posted on September 24, 2020 by Doug Nordman

I get that pension comment every month from readers who are in their 60s… or even older. Most of them are doing fine, both financially and in life. They usually served some active duty before the Reserves or National Guard, … Continue reading →

Posted in Career, Military Retirement | 19 Comments

“I’m 59.5 Years Old And Done Writing About *My* Money”

Posted on May 14, 2020 by Doug Nordman

We’re aging out. As many of you know from your research, 59.5 is the minimum age for starting optional withdrawals from an IRA. Nearly everyone worries about how they’ll tap their IRA for living expenses when they reach financial independence … Continue reading →

Posted in Financial Independence, Investing & TSP, Military Retirement | 18 Comments

From The Mail Buoy: Staying For 20 And Hacking The High Cost Of Living in Hawaii

Posted on August 15, 2019 by Doug Nordman

A reader writes: “Nords, I’m an avid reader of your website and love your Reddit replies. I’m active duty with 14 years of service.  I’m saving a considerable amount of my paycheck and investing in dividend growth stocks with a … Continue reading →

Posted in Financial Independence, Military Retirement, Money Management & Personal Finance, Travel | 4 Comments

Our Retirement – The Spending Smile Of Financial Independence

Posted on March 12, 2019 by Doug Nordman

Disclosure: This article is part of the Life Uninterrupted campaign sponsored by USAA. The #LifeUninterrupted campaign is designed to help future retirees learn how they can transition into retirement without worrying about financial interruptions. You can receive a free, no-obligation retirement review … Continue reading →

Posted in Financial Independence, Military Retirement, USAA | 5 Comments